2021 Tax Update Webinar - July
A compelling and information-filled, premium tax webinar This webinar will keep you up to date and give you practical advice on topical issues
Description
This webinar covers:
Lease inducement payments (CC 1B) and lease surrender payments (CC 1C)
- What are the tax consequences for the payer and recipient of lease inducements poayments and lease surrender payments?
Company distributions
- Various mechanisms to extract funds from a company
GST – Agency (IS 21/01) and nominations
- Interpretation statement IS 21/01 on agency
- Rules around nominations in GST transactions
Residency rules – trusts and individuals
- Where are trusts resident? What are the rules?
- How to assess residency of individuals. Quick recap of Diamond case
Draft interpretation statements
- PUB 00393 – Income tax & GST – deductions for business disrupted by COVID-19
- PUB 00362 – Deemed dividends
Presenters
Ping S'ng